Deutsche Lufthansa (OTCMKTS:DLAKY) Upgraded to “Strong-Buy” at Citigroup

Deutsche Lufthansa (OTCMKTS:DLAKY) was upgraded by investment analysts at Citigroup from a “strong sell” rating to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.

Several other research analysts have also recently issued reports on DLAKY. Barclays upgraded Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 1st. Stifel Nicolaus upgraded shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a report on Thursday, October 17th. Finally, Morgan Stanley raised shares of Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a report on Tuesday, November 5th. Three research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. According to MarketBeat, Deutsche Lufthansa has an average rating of “Moderate Buy”.

Deutsche Lufthansa Trading Down 4.3 %

OTCMKTS DLAKY opened at $5.81 on Wednesday. The business’s 50 day moving average is $6.59 and its two-hundred day moving average is $6.60. The stock has a market capitalization of $6.96 billion, a price-to-earnings ratio of 7.00, a PEG ratio of 1.32 and a beta of 1.21. Deutsche Lufthansa has a 12-month low of $5.74 and a 12-month high of $8.50.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.